Price fixing?

Giles1

Member
Livestock Farmer
Location
Central Scotland
I may have been asleep for a bit and missed this on the news,(Rip van Winkle syndrome perhaps),but my son saw something on his magic not just a phone computer thingy this morning I was unaware of,namely that some big lorry manufacturers were fined last year by the EU for price fixing over a 14 year period,and Scania this year for not cooperating with the enquiry. This does grate a bit and makes one wonder what other big machinery manufacturers may have been getting up to.However is it actually much different to the produce price fixing undertaken by the UK and EU in the 70's 80's and 90's and to an extent still does,which kept us farmers going? Is it a bad thing considering all the companies involved traded and employed a bunch of folk through a recession even if it does/did impact on us through higher haulage rates? Can we learn anything from this "cooperation",(beyond don't get caught)?
 

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